Pension Fund

Arizona pension wants to double RE allocation

The $7.3 billion Arizona Public Safety Personnel Retirement System is looking to significantly increase its exposure to real estate across the US and internationally.

Canada pension warns against rash legislation aimed at SWFs

The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.

Virginia pensions lifts PE, RE investment cap to 10%

Virginia Retirement System increases real estate and private equity allocations by three percentage points, saying it wants more flexibility in its portfolio.

Canada pension plans C$1bn RE investment in Asia

The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.

RE investments get strong boost from pensions

Private capital to real estate increased 13.5 percent from Q3 2006 to Q3 2007. International real estate investments jump 96 percent, according to Pensions & Investments magazine.

Dutch pension giant ABP fund sells unlisted Reit to ING Real Estate in the Netherland’s largest ever deal

ABP’s sale of KFN, which owns €1.6 billion worth ($2.3 billion) of prime Dutch offices, completes a 12-year program of reducing wholly-owned property investment in the Netherlands as it diversifies holdings internationally.

Dutch pension fund commits another $100m to Behringer Harvard

PGGM has agreed to invest a further $100 million to the US firm’s class A apartment communities fund on top of the original $100 million committed last year.

Oregon pension increases property allocation

As public pensions increasingly move into real estate, the Oregon Public Employees pension recently raised its target for real estate investment.

World's biggest pensions hit $10 trillion mark

The world’s largest 300 pension funds grew by nearly 12 percent last year, with assets hitting $10 trillion for the first time, a study has found.

Massachusetts pension seeks PE manager

The Essex Regional Massachusetts Retirement Board wants to begin investing in private equity, and is seeking an advisor for an $8 million fund of funds programme.